For real estate developers, it’s vital to work with an experienced hospitality leader to manage their community’s country club. With a partner like Concert, developers often see increased home values, happier homeowners and a higher return on their investment. Recapitalization also allows them to dedicate more time to new ventures while ensuring the golf club operates effectively.
Concert Golf’s recapitalization process involves an open conversation where we get to know the property and provide a personalized proposal. Often, developers will visit other clubs in the Concert network and conduct reference checks, after which we can reach an agreement to address their most pressing needs.
Our team of experts is dedicated to finding the best way to help clubs succeed beyond simply lowering membership fees or funding a major renovation. We offer the consistency and hospitality experience needed to revitalize all types of clubs and ensure long-term success.
Recapitalizing can lead to the following benefits:
“The value of our homes has increased since the Club partnered with Concert Golf. Units that had lingered on the market have now sold.”
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“We had to identify an owner-operator that 1,100+ homeowners could rally behind and collaborate with to ensure a bright future for our community…Concert Golf worked with us to develop a solution that delivers value to every resident—not just club members who would benefit…”
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“We have truly appreciated the partnership with Concert Golf Partners and especially the team here on Amelia Island. I give a glowing report on our experience with Concert Golf Partners and the The Golf Club of Amelia Island.”
Read More TestimonialsFountains Country Club struggled with its mandatory membership requirement, which deterred many homeowners from buying their houses and decreased their current member base. They also needed to pay off loans taken out for renovation projects.
In 2017, the board unanimously decided to recapitalize with Concert Golf, allowing them to reduce their membership fees and pay off their debt. With Concert Golf, the club could fully upgrade its golf course, build new bocce courts and renovate its clubhouse. They also saw home prices rise an average of 63 percent and days on market decrease by 35 percent.
Fountains Country Club became debt free and saw local home prices increase by 63 percent after recapitalizing with Concert Golf.